
Strive reaches 25,000 BTC milestone with latest $36.6 million purchase
The latest acquisition marks a slowdown from the prior week, when Strive purchased 1,375 BTC for approximately $109 million.
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The latest acquisition marks a slowdown from the prior week, when Strive purchased 1,375 BTC for approximately $109 million.

Bitmine expanded its Ethereum position by 27,180 tokens over the previous week, representing a market value of approximately $68 million based on Monday's ETH trading price just north of $2,500.
Bitmine Immersion Technologies (NYSE:BMNR) bought 27,180 Ethereum (CRYPTO: ETH) last week as Chairman Tom Lee flagged a new ETH/BTC uptrend breaking out for the first time since the COVID highs. What the Latest Purchase Shows According to the press release, Bitmine now holds 5.96 million ETH at current prices worth roughly $14.97 billion, representing 4.9% of Ethereum's 122 million token supply and putting the company 98% of the way to its 5% target.

Strategy has now gone three straight weeks since its last Bitcoin purchase, per the company's 8-K filing. Instead, the bought $139.3 million of its own STRC preferred stock, per the document sent to the SEC on September 14, covering the week before.

The Solana treasury company established a $300 million at-the-market offering for its CHAD perpetual preferred stock.

Bitcoin's derivatives market is doing something it has not done in a year. Derive data and Reuters reports that traders are paying more for upside than downside protection, even with bitcoin still nearly $50,000 below its October 2025 peak. Futures open interest sits at a hefty $52.64 billion, calls command 61.

Lubin's insights may boost institutional confidence in Ethereum, potentially influencing its market dynamics and adoption in financial sectors. Joseph Lubin to discuss institutional Ethereum staking at Lido Poolside call.

Strive acquired 1,375 bitcoin for approximately $109 million between August 31 and September 4, at an average price of $79,281 per unit, bringing its total holdings to 24,531 BTC. The transaction was reported in a filing with the U.S.

Ethereum recorded a new all-time high in staking with approximately 43 million ETH deposited, close to 35% of the total circulating supply. BlackRock filed a request for an ETF that could allocate up to 95% of its ETH holdings to staking, intensifying pressure on the liquid supply. Ethereum's price hovers around $2,512.

XRP (CRYPTO: XRP) on Monday broke above $1.38 after a buildup of short liquidations, with liquidity pockets higher serving as potential next targets. Does XRP Lack Buying Strength?

Bulls edged out the short-sellers on leveraged markets as Ali Martinez's post-consolidation theory holds strong.

Bitcoin's future hinges on Fed's guidance; potential rate hikes could shift capital to safer assets, challenging crypto's growth trajectory. Bitcoin braces for volatility ahead of Federal Reserve's first rate hike in three years.

This brings the company to 98% of its goal of owning 5% of Ethereum's total supply.

Strategy Inc. (NASDAQ:MSTR) skipped Bitcoin (CRYPTO: BTC) purchases for a second consecutive week between Sept. 8 and Sept.

Strive has added 469 Bitcoin worth about $36.6 million to its treasury. The latest purchase raised the company's total holdings to 25,000 BTC as of September 11, 2026.